Sunrise brief: Solar-powered sports stadiums on the rise
Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.
Redwood secures $2 billion DOE loan to manufacture battery materials in U.S.
The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.
IRA spurs 101k clean energy jobs in first six months
As of January 31, 2023, there are more than 90 new manufacturing facilities and renewable energy projects developed in rural towns and large cities, representing an aggregate of $89.5 billion of new investments into the clean energy market, according to a Climate Power report.
Sunrise brief: State of the Union celebrates investment in clean energy
Also on the rise: Linton Crystal to move PV equipment manufacturing back to the U.S. EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge. And more.
EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge
A $32 million series B fund will support the buildout of a novel silicon anode electric vehicle battery.
Battery supply chain state of health
As the U.S. Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
Sunrise brief: EDF installed 1 GW of solar, wind and storage in 2022
Also on the rise: In 2022 pv magazine USA website traffic up 83%, reflecting dynamic solar industry. GM announces $650 million production plan with Lithium Americas. And more.
GM announces $650 million production plan with Lithium Americas
The two will set up a mining operation at the largest known lithium source in the United States. The deal marks the largest investment by an automaker in raw materials for batteries.
LG Energy Solution sees record profit in Q4
One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.
Sunrise brief: Minnesota voting on 100% clean electricity, 10% solar by 2030
Also on the rise: Retired coal sites to host multi-day iron-air batteries. Wyoming 900 MW pumped storage project moves toward licensing. And more.
